Oct 09, 2006
2:3
For every 3 shares held, investors received 2. The price per share adjusted from $1417.00 to $2125.50.
The split itself did not change the total investment value.
Severn Trent Plc (LSE:SVT) operates in the Water utilities industry.
Severn Trent Plc company overviewSevern Trent Plc's most recent stock split was on October 9, 2006. It was a 2-for-3 reverse split, so shareholders received 2 shares for every 3 they held.
Severn Trent Plc (LSE:SVT) has split its stock 3 times: a 33-for-32 split on June 29, 1992, a 19-for-20 reverse split on August 11, 1997, and a 2-for-3 reverse split on October 9, 2006.
Severn Trent Plc has split its stock 3 times. This history records 3 splits between June 29, 1992 and October 9, 2006.
A reverse stock split combines several shares into one and raises the price per share by the same factor, so the total value of a holding does not change. In Severn Trent Plc's 2-for-3 reverse split on October 9, 2006, every 3 shares became 2 shares. Companies often use reverse splits to lift a low share price, for example to keep meeting an exchange's minimum price requirement.
Severn Trent Plc has not announced a new split in our records. Its most recent split was on October 9, 2006, 20 years ago. Companies announce splits in advance, and any new LSE:SVT split will appear on this page.
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